tv President Trump Talks to Reporters Before Departing White House CSPAN July 31, 2019 2:15am-2:34am EDT
new patriots, new toma hawks. nobody's even close to us. we have a phenomenal stuff. we have aircraft carriers coming on. we have the president gerald ford coming on. and it's out on c trials right now. so we have a lot of great things happening. >> mr. president, thank you very much for your time. >> great honor. thank you. >> earlier today, president trump spokes to reporters outside the white house while departing for an event in virginia. several questions focused on recent comments he made about and ty of battle mer and representative elijah cummings. >> i just want to tell you the economy is doing fantastically well. we have people over in china right now, we're negotiating
with china. and we'll see what happens. we're either going to make a great deal or not a great deal at all. a lot of great things happening including with china. our country has gone up with the number one economy in the world. it's picked up tremendously in the last three years since i've been here. a lot of great things are happening. a lot of really great things are happening. the economy is through the roof. i guess we'll hopefully get good decisions from certain branches of government. we'll see what happens. but we have a lot of good things happening. we were just speaking with the department of commerce and we have interest in our country like we've never had before. >> do you regret talking about baltimore? >> no, baltimore has been very badly mishandled for many years.
i know congressman cummings has been there for a long time. he's had a very iran hand on it. all you have to do is look at facts. the government has pumped in billions and billions of dollars to no avail. to absolutely no avail. baltimore is an example of what corrupt government leads to. billions of dollars have been given. and i feel so sorry for the people of baltimore. and if they ask me, we will get involved. but we're already involved from the standpoint that over many years, billions and billions of dollars have been given to baltimore. it's been missing. it's been stolen which a lot of corrupt government. -- s you know, cummings now, i will say this, i think that representative cummings should take his oversight committee and start doing oversight on baltimore.
he'd find out some real things. >> what should the rate cut be? >> the talks are moving very well with china. but they were often with china, but china always makes a new deal at the end or seems to. we're taking in billions and billions of dollars from china in the form of tariffs. our people are not paying for it. china reduced their currency. they devalued their currency and they're pumping money into this in order to pay for it. they had the worst year in 27 years. they've had a terrible year because of the tariffs. a lot of companies are moving out of china. you've never seen this before. the united states is doing phenomenally well. and we're taking in tense of billions of dollars from china. we're giving some money to our farmers who have been really targetted by china to do a number of them and because they like me, the farmers like me and i love the farmers, and i will
say that, the farmers are very grateful, the most they've ever spent oning a cultural product is $16 billion. so when they pulled out, i think money mall part of the and i gave it to the farmers and the farmers are very happy. >> if the fed moves in my opinion far too early and far too severely puts me at somewhat of a disadvantage. fortunately, i made the economy so strong that nothing's going to stop us. but the fed could have made it a lot easier. i would like to see a large cut and i'd like to see immediately the quantitative tightening stopped. for them to have done quantitative tightening and also higher interest rates simultaneously, i think was a
big mistake. i also think that had they not done it as good as we've done we've set a record as you will say in the stock market, we have the all-time high in the history of the stock market. i think i would have been 10,000 points higher and we would have been in the g.d.p. president obama has zero interest rates. we have normalized interest rates. and yet we still blew his economy away. >> were any of the mistakes pertaining janet yellin? >> i don't talk about that i'm very disappointed in the fed. i think they acted too quickly by far. and i think i've been proven right. people have said i was right. they were wrong. the fed is often wrong. he fed is often wrong.
"the washington post" called mitch mcconnell what? i think the washington post is a russian asset. mitch mcconnell loves our country. he's done a great job. we're trying to pass an infrastructure bill. it's been written up right now as we speak for our highways and our roadways. mitch mcconnell has got more judges than probably -- in all fairness with my help. but as a combination, we're going to be up very soon to 179 federal judges. nobody's ever seen anything like that. and other than george washington will end up having the highest percentage of judges put on the court. and it's going to be a legacy. mitch mcconnell is a man that knows less about russia. and russian influence than even donald trump. and i know nothing. so i think it's a horrible thing when a paper which is really
just a paper for the benefit of amazon, "the washington post" is fake news just like the "new york times" is fake news. it's put there for the benefit, "the washington post" of amazon. and i think it's a disgrace. if they actually said it, i didn't read it. if they said that mitch mcconnell is an asset of russia, they ought to be ashamed of themselves, and they ought to apologize. well, i think right now, i am watching. i think right now it will be sleepy joe. i think. across the limp line. what i think doesn't mean anything. i know the other people. i know him. i think it's off his game by a lot.
but i think personally, he endorsed sleepy joe. no, i think i'm helping myself because i'm pointing out the tremendous corruption that's taken place in baltimore and other democratic-run cities. all you have to do is look at past mayors in baltimore see what happens. no, i think i'm helping myself. and i'll tell you what, the white house and myself and letters an e-mails an phone calls have received more phone calls than i any on any other subject of people from baltimore and other cities corruptly run by democrats thanking me for getting involved. those people are living in hell in baltimore. they're largely african americans. you is a large african-american population. and they really appreciate what i'm doing. and they let me know it. i really appreciate independent and by the the way, the numbers
just came out. unemployment for african-american it's the lowest it's been, the best numbers meaning in the history of our country, the lowest in the history of our country. but people have called from baltimore thanking me so much because all that money that's been spent over 20 years has been stolen and wasted by people ike elijah cummings. well, i have a great relationship with brazil. i have a fantastic relationship with your president. and he's a great gentleman. he was here as you know -- in fact, they say the tuft of brazil. i like that. it's a compliment. it's a tough job. by the way, i think he's doing a great job. i think your president is doing a great job. he's a wonderful man with a wonderful family. we're going to work on a prepared agreement with brazil. brazil is a big trading partner. they charge us a lot of tariffs.
but other than that, we love the relationship. >> are you concerned about the health of -- >> the what? opposition ce leader? he might have been poisonned. >> this is new. i heard about it last night. is a , john ratcliffe brilliant man. he is a wonderful person. i spoke to him long before about this. long before, months ago, i spoke to him before the mueller fiasco, that was a fiasco. i think nobody in the history of capitol hill has embarrassed themselves like what mueller did to himself and to the democrats. but john ratcliffe, i spoke to him about this for a long time. he's a very talented guy.
he's a strong man. it's what we need in that position. >> does that bother you? >> i'm a least racist person anywhere in the world. i've known a sharpton. now, he's a racist. he's a racist. but when people -- when people -- let me explain to you. what i've done for african americans in two and a half years, no president has been able to do anything like it. unemployment at the lowest level in the history of our country for african americans. nobody can beat that. you look at poverty levels, they're doing better than they've ever done before. so many things. opportunity zones. criminal justice reform. president obama couldn't get it done. it was done really the biggest
beneficiary really is african americans. i've got criminal justice reform done. president obama couldn't get it done. no other president was able to get it done. what i've done for african americans, no president, i would say has done. i'll say this. they are so happy because i get the call. they are so happy at what i've been able to do in baltimore and other democratic-run rupt cities. the money has been stolen what they've done. it's been wasted and stolen. billions and billions of dollars. and the african-american community is so thankful. they called me and they said finally somebody is telling the truth. >> do you think there will be a great deal with china before november 2020? >> well, i think the biggest problem to a great deal is china would love to wait. and they hope -- it's not going
to happen. there if i e just got defeated. they would put in elizabeth warren or sleepy joe biden or any of these people because they would be allowed and able to continue to rip off our own country like they've been doing for the last 30 years. >> china has been taken out, hundreds of billions of dollars a year. and no what i've done with the tariffs, is number one they've had the worse day in 27 years. yesterday, "wall street journal." the worst year is 27 years. done e companies are leaving china and their prices are coming down. ly tell you this, china is dieing to make a deal with me. but whether or not i'll do i -- it's up to me. not up to them. >> just this week what, do you think china can give you in negotiation? >> think china is willing to give up a lot.
i think if china had their way, they would wait until after the election. they'll pray and then they'll make a deal. somebody that doesn't know what they're doing like obama and biteen, like all of the presidents before. because what they've done is they picked up our pocks as a nation. that's not happening -- that's ok. >> what do you say to them? >> well, i think if that's the case, i would be shocked. but if that's the case they're fighting against their people because the african-american people have been calling the white house. they've never been so happy as for what a president has done. not only the lowest not only opportunities in the inner cities and not only criminal justice reform, but they are so happy that i've pointed out the corrupt politics
of baltimore. it is filthy dirty. it is so horrible. and they are happy as hell. you may have a couple of politicians boycott. but it is all a fix. it is all a fix. the fact is african-american people love the job i'm doing, because i'm working for them. i'm not working for the politicians. >> [indiscernible] absolutely. what he should do, what elijah cummings should do this he should take his oversight committee, bring them down to baltimore, and really study the billions and billions of dollars that has been stolen. it has been wasted, it has been stolen. they are to take that beautiful waste of an oversight committee, go down to baltimore -- and other democratic run cities -- and see if you can find the billions that have been stolen. >> [indiscernible]
sen. crapo: -- president trump: my relationship with kim jong-un is a good one. i can't tell you what is going to happen. i know one thing. edit my opponent was president, if she won, you would be in a major war right now with north korea. and we are nowhere close. we will see. i have a good relationship with him. i like him, he likes me. we will see what happens. >> [indiscernible] at the right time, i will visit. the people of baltimore are very thankful. they have let us know by the thousands of people, because of the fact that finally somebody is pointing out how corrupt baltimore is, of billions and billions of dollars have been stolen, and the ones that like it the best what i'm doing our african-american voters. those are the ones.
>> [indiscernible] [captions copyright national cable satellite corp. 2019] [captioning performed by the national captioning institute, which is responsible for its caption content and accuracy. visit ncicap.org] ♪ "washington journal" live every day with news and policy issues. weing up wednesday morning, are getting your reaction to the democratic presidential debate. join the conversation all morning with your phone calls, facebook comments, and tweets. watch "washington journal" live at 7:00 a.m. eastern wednesday
morning. be sure to watch thursday morning following the second night of the democratic presidential candidates debate of the 2020 race. >> next, the senate banking hearing on regulating digital currency with tech and financial industry officials. this is one hour and 20 minutes. sen. crapo: this hearing will come to order. last congress, this committee held two hearings examining the digital currency ecosystem. in those hearings, we heard about some of the developments that have occurred within the digital currency marketplace since the creation of bitcoin in 2008.